₦airaland Forum

Wait a minute pumping, are you infering the brokers will come to the market to raise funds? Just let cashcraft not come near the marketooo, or their offer will be grossly undersubscribed, not after all the 'bad mouthing' the have recieved here?

What an interesting scenario we have in our stock market, where some insurance companies, trading with a forward PE of even 100 plus will still be under heavy bid?

From what I could see from the insurance stocks today, Wapic has a new resistance price of N13, while both Lasaco and M benefits has a new resistance price of N6.

But this may not matter as our market still has a very important factor at play, sentiments.

Nobody really understands technicals, not after what is fuelling this weeks insurance bull run was only discovered to by pure hype!

Interesting market we have got ourselves here.

Supposing the NSE scraps this 5% cap on rise and falls, how will it impact on the market, negative or positive?

I am of the opinion that a bear run may have been triggered by thse insurance folks. Next week will confirm my fear.

I am still searching for hidden opportunities, one small price stock doing a slow reversal amid good fundamentals is catching my fancy, ha to mention am here will mean I may not see any to buy next week.
The fear of the deep pockets is the beginning of trading wisdom.

@pumping, do you really think that online trading will erode returs in the stock market for trader?

What if company performance stays strong?

I respect your guruship.

@ blueband, I feel you. Just let our market mature some more, all these shakara wey the brokers dey do go stop.

@ the admiral, you strong oo. You were placing orders for unavailable stocks like prem. Paints, Aiico etc. This is a lesson I learnt the hard way. Now I make sure of the relative availability of a stock before placing orders, reduces my headaches.

But going back to insurance and the fear of TS, I woulnt mind getting trapped in a TS if it will be like the one of Aiico insurance.

@dolyp1cute, I will vote for the banking sector to collect the bullish baton maybe next week, the billion of dollars in allocation money will soon find its way into the market.

Another factor to consider is the banks closing for this Q1 2008 may have to pay div and maybe bonuses before real unification by dec 08. This will up the price of GTB, Inter, FBN, UBN, Afribank etc.

My two cedis really.

No surprises for insurance there. The fall was predicted yesterday. Way expensive, result of hype.

NSE investing 101, be ready to dive out when you see too many gains without a corresponding performance/ reason for the rise.

The sector was ripe for the picking yesterday.

@ pumping, am deeply involved in soaking Union homes two weeks ago, not ready to leave now, watching what will happen next week,

Hey! I don waka enter trouble, see as the Afribank I bought at 27 plus few weeks ago has been losing steady, and to drop below PO level is simply bad.

And nobody knows what will happen, I would have averaged this one out, but the fear of futher falls since this has never happened to another stock. (Losing below PO price)

Are we sure something serious has not happened? Another Wema here?

From the above allocation, FCMB are very very generous. merci boukour abi?

Any updates from the floor, anyone? Are the bulls still the landlords of the NSE or are the bears beating them up?

Any updates from the floor, anyone? Are the bulls still the landlords of the NSE or are the bears beating them up?

@onoz01, you are just joking arent ya? This forum is for stocks and for those that has got the money to buy stocks. If you want finance, visit the banks. Looking forward to see you here when you have gotten the cash. See ya.

Good advice, let the kid think more on how to help this country up and not build negative images about what will not happen.

The rich men in this country, those that could sponsor wars are very busy enjoying good profit from many business fronts. The poor also are reaping the benefits of their hard labour, for those that care to think.

There will be no wars here in the foreseeable future.

The twin factor seems to be at work over the UBA stock price, this stock has been stagnant despite its relative cheapness, until Zenith came off the hooks and did a 10%.

UBA now seems ready to rise, in readiness to give Zenith a good chase.

The twin factor seems to be at work over the UBA stock price, this stock has been stagnant despite its relative cheapness, until Zenith came off the hooks and did a 10%.

UBA now seems ready to rise, in readiness to give Zenith a good chase.

@ poster, we need pictures.

Why has cadbury been climbing with full intencity of recent? I have missed out on this one, I usually make good money from such disadvantaged position as cadbury found themselves. The wonders of investing with BAD NEWS.

Who knows if things has finally changed there?

Where is my panadol, reading through all these technicalities gives me headache, una well done oo.

I richard ojiego, a Nigerian and resident in Nigeria, also has a book in its final stages.

I speak about personal empowerment and wealth creation and management. I am also in depth in stock market analysis and portfolio management strategies. An active stock trader.

I could be reached via 08033350750, ojiego24@yahoo.co.uk

@rasputin,I will not touch wema even at 5, this kind of suspention may linger forever and more.

The only thing wema has aplenty now is baaad news. The actors are still digging up more dung to rub on each other. This will definitely last for some time and as a treader, I need my capital to be liquid most of the time.

@ikaleguy, at what prices are the cars coming in, we need to know before placing orders.

@somethingb, I am not really up to date with prices and stuff but can N1.8 cut any ice?

@iconbull, pls explain to me how to trade trends?

Ghana deserves to win this match, two clean goals, undisputable possession, better initiative , drive, hunger for success. Let the better team win sha.

!!!

can we see the interiors and back view of this ride? looks cool though expensive.

Did she buy the car new and used it here or was it a foreign used toks.?

I have come to accept over purchase as a normal thing with my brokers, and I think I even enjoy the benefits these days. They don't ask me for any extra fees, for the free overdraft, I just buy and sell irrespective of what level of debit in my account.

Until such a time I notice any extra charges in my account, AM okay with this arrangement.